Korea Development Bank Appoints Five New Deputy President-Level Executives

Ahn Young-kyu, Head of Corporate Finance Division

[Asia Economy Reporter Park Sun-mi] Korea Development Bank has newly appointed five executives at the vice president (division head) level.

According to KDB on the 23rd, Ahn Young-gyu, the current acting head of the Corporate Finance Division, was appointed as the head of the Corporate Finance Division; Jung Byung-chul, head of the Gangnam Regional Headquarters, was appointed as the head of the SME and Mid-sized Enterprise Finance Division; and Park Hyung-soon, head of the Chungcheong Regional Headquarters, was appointed as the head of the Capital Markets Division.

Hyungsoon Park, Head of Capital Markets Division

Kim Young-jin, head of the Gangbuk Regional Headquarters, was appointed as the head of the Credit Evaluation Division, and Lee Joon-sung, chief of the Secretariat, was newly assigned as the head of the Innovation Growth Division. The successors to Senior Vice President Sung Joo-young and Senior Vice President Choi Dae-hyun, whose terms expire next month, were not decided on this day.

The five newly appointed executives were born between 1965 and 1967. Ahn, head of the Corporate Finance Division, born in 1967, will be responsible not only for the Corporate Finance Office and the Industrial-Finance Cooperation Center but also for the Restructuring Headquarters and the Industrial Stabilization Fund Headquarters.

Jung Byung-chul, Head of the SME and Mid-sized Financial Sector

Jung Byung-chul, head of the SME and Mid-sized Enterprise Finance Division, born in 1965, will oversee the Network Support Office, New Industry Finance Office, Domestic Regional Headquarters, and Marine Industry Finance Headquarters. Park Hyung-soon, head of the Capital Markets Division, also born in 1965, will be in charge of the issuance market, mergers and acquisitions (M&A), and private equity (PE). Kim Young-jin, born in 1966, will oversee the Credit Evaluation Departments 1 and 2, New Industry Credit Evaluation Department, Credit Rating Department, and Pension Trust Headquarters.

Kim Young-jin, Head of the Evaluation and Assessment Division

Lee Joon-sung, head of the Innovation Growth Division, also born in 1966, will be responsible for the Innovation Growth Policy Finance Center, On-Lending Finance Office, and Venture Finance Headquarters. The board plans to hold a follow-up meeting soon to decide on the successor appointments.

Lee Joon-sung, Head of the Innovation Growth Division

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